From Real Estate Veterans to first time Home Buyers, everyone can easily agree on one thing - Lucknow’s Real Estate Investment Market is booming! With massive development projects underway all around this famous Nawabi city, real estate investment is at an all time high in the city. Owing to the recent developments, such as the Metro Rail project, a remarkable IT City along Sultanpur Road presenting tremendous employment opportunities and various other achievements in Real Estate and Property Development, Lucknow is steadily becoming the top choice for investors and home buyers alike looking to buy property in Lucknow.
As the leading Real Estate Developers in Lucknow and a Construction Company with strong footholds in Lucknow, we have identified some of the topmost areas to buy a home in Lucknow. We have compiled this list with advice from experts on Real Estate & Property in Lucknow. Take a look -
1. Gomti Nagar Extension
Well, here we go again. Gomti Nagar and Gomti Nagar Extension have long been the favourite hotspots of both first time home buyers and consummate real estate investors looking to buy flats in Lucknow or to invest in Villas in Lucknow. With international standards of amenities, tremendous room for further development and the minimal distance of nearly everything one could need, the Gomti Nagar Mini City always tops the chart for Real Estate investment in Lucknow. The International Cricket Stadium, Headquarters of various Governmental Organisations, a vast commercial district with big players operating and Entertainment & Hospitality all in one place, Gomti Nagar and Gomti Nagar Extension were the perfect choice for Real Estate mavericks like Shalimar to develop projects such as Shalimar Mannat, Shalimar Paradise, the mammoth Shalimar OneWorld Township and more. Perhaps one of the most sought after addresses in the nation right now and that’s not an exaggeration at all!.
2. Mahanagar/Aliganj
Another favourite of people looking to invest in property in Lucknow, the Aliganj and Mahanagar area offers the comforts of a modern life combined with the quaint grace of living in the old city. Though a relatively newer area as compared to the rest of this centuries-old city, Mahanagar has quickly established itself as a posh locality that is still amidst the major commercial regions of the city and well connected to central Lucknow while offering 21st century amenities at the same time. The nearby thoroughfare of Kapoorthala has rapidly emerged as a premium entertainment and commercial hub, appreciating the value of the area even further. Shalimar Gallant stands tall amidst this area as a premium location for purchasing a home in Lucknow or investing in some prime real estate in Lucknow. A definite area to look out for!
3. Indira Nagar
Did you know that Lucknow’s Indira Nagar is the largest residential locale in all of Asia? Centrally located and well connected to each and every major area of the city, Indira Nagar has long been on of the poshest and most exclusive areas in the city. With a wide array of modern amenities and the sublime location advantages, Indira Nagar presented a wonderful opportunity for the development of the spectacular Shalimar Plaza at the renowned Bhootnath Market. It is also home to the amazingly crafted Shalimar Ujala project offering thoughtfully developed 3 BHK apartments to those looking to buy a home in Lucknow or even invest in an apartment in Lucknow.
4. Hazratganj
You can’t really talk about Lucknow without talking about the iconic Hazratganj. The central hub of the city, Hazratganj is home to nearly all major commercial ventures and government offices in the city. An entertainment, shopping & cultural hub, Hazratganj is extraordinarily well connected to the entire city and once the Metro becomes fully operational in the region, this connectivity will only get better! The Shalimar Grand Apartments in Jopling Road, Hazratganj were conceived keeping in mind that for a person looking to buy a home in Lucknow, or a real estate investor looking to invest in some prime real estate in Lucknow, Hazratganj offers perhaps one of the grandest opportunities one could dream of. So, when on the lookout for investing in property in Lucknow, do remember to scour through Hazratganj - you may just land up at your dream home!
We hope this list came in handy for your research of properties in Lucknow and assists you in arriving at a location that suits you the best. The city of the nawabs is developing rapidly while still retaining the flavour of yore and we hope that your investment in lucknow real estate will be fruitful, beneficial and provide you with long term returns!